1,6254. EUR AUD is in a range between 1,6200 and 1,6330. EUR AUD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. ForexTrend 4H (Mataf Trend Indicator) is in a bearish configuration. The price should continue to move in 1,6200 / 1,6330 range. If the support is broken then the target will be 1,6000 (250 pips). We won't take a position. The risk/reward ratio is too high to take a position..
1,6275 - 1,6330
1,6200 - 1,6140